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BallaJi
Oct 23, 2022 12:10 PM

#BITCOIN Halvings, length of tops and bottoms. $100K TOP? Long

Bitcoin / U.S. dollarBitstamp

Description

Due to the economic mass and increased liquidity
are we about to see the most disappointing #BTC bull run

Each Bull run has a remarkably similar ratio of diminishing returns.

Suggesting a high of around 90k,

Based on a Low 13K being achieved in the following few weeks!

If indeed the June low was to hold

it still only improves the amplitude of the next high by around 20k.

As the foundation for the crypto market, if the high is met with a BTC.d of 20%

That signals a 10 Trillion market cap
so picking Good products and platforms could still be a monumental place for price appreciation.

#ALTS #ALTCOINS

#HEX #NEAR #SOL #EGLD #MKR #AAVE #PULSECHAIN #ETH
Comments
wargolynch
Expect the pattern to change. Maybe the bull market will start months before halving rather than a year sooner.
BallaJi
@GreenValleyTrading, yup im open to new scenarios ... especially once a cycle becomes common shared knowledge. expect it to change. ie no blowoff top in 2021
wargolynch
@BallaJi, Because there was not enough demand in November 2021 does not mean we won't see a 12k capitulation during this recession though.
BallaJi
@GreenValleyTrading, Yup. The last idea I shared is in regards to how far the Rates need to rise..
Narrative in financial press seems they are confident that the FED is nearly done.

Quite dangerous narrative ... Hopium on a macro level.
SwallowPremium
I like your perspective, keep it up!
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